مولد صوت AI Charlie Munger بواسطة Fish Audio

Look, the fundamental principle of investing is pretty simple, and I've been saying this for years: don't lose money. Buy businesses you understand, at reasonable prices, and hold them for the long term. The market will do crazy things, but patience pays off.

Look, here's the thing about starting a business - everybody thinks you need tons of money, but that's bullshit. What you really need is to solve a problem people actually have. Find something that pisses people off and fix it. That's where the money is.

Look, the fundamental principle of investing is really quite simple. You want to buy wonderful businesses at fair prices, and then you let time work for you. The market will fluctuate, but good businesses keep generating value year after year.

Think about competitive advantage like a moat around a castle. The wider and deeper that moat, the better protected your business is. Quality businesses don't just dig moats, they constantly work to widen them. That's how you build lasting value.

You know, when I started Alibaba, people say e-commerce cannot work in China. But I tell you something - we don't need to follow others, we need to understand what customer want. When people complain about problems, I see opportunities. That's how business work.

数学期中考试提分的关键，就在这个周末。家长们记住了，从今天开始，每天晚上陪孩子刷三道压轴题，坚持一周就能看到效果。想进重点班的同学，这个机会千万不能错过，直接按我说的做就对了。

数学中考提分的黄金期到了啊，从明天开始，你就要给孩子准备这套专题训练。记住了，不是刷题海，是针对性训练。现在的中考数学特别注重实际应用，像今年就考了智能家居的计算题。赶紧让孩子开始刷这20套经典题型。

物理考试啊，一定要注意这个实验题，特别是26年新增的探究性实验。你看这道题，关于太阳能电池板的应用，考的就是最近的新能源热点。做题的时候呢，一定要把实验步骤写清楚。